Guangdong Sea Feed: Intends to invest in establishing a wholly-owned subsidiary in Guangzhou with a registered capital of 50 million yuan.

Guangdong Feeds Co. announces that the company plans to invest in establishing a wholly-owned subsidiary "Guangdong Zhongyi Technology Co., Ltd." / "Guangdong Xincheng Technology Co., Ltd." in Guangzhou, Guangdong Province, with a proposed registered capital of RMB 50 million. The amount of this external investment is within the approval authority of the board of directors and does not require submission to the company's shareholders' meeting for approval.